<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 246    </title>
<shortdesc>PEN CD-ALL FUNDS-MAX ANNUITY</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Chris Lauzen</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/1-117.1 new</reference><aliasreference></aliasreference><SynopsisText>Amends the General Provisions Article of the Illinois Pension Code. Provides that the total retirement annuity, including any automatic, one-time, or other increases in that annuity, shall not ever exceed $100,000 per year. Applies only to a person who first becomes a participant on or after the effective date. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/7/2007</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Chris Lauzen</action>
<statusdate>2/7/2007</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/7/2007</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>1/13/2009</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

